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China Conch Venture Holdings ( (HK:0586) ) has issued an update.
China Conch Venture Holdings Limited announced revisions to its FY2025 Original Annual Cap and introduced a new framework technical and other services agreement with Conch New Material Group. These changes are driven by increased demand for goods and technical services, reflecting the company’s strategic efforts to enhance its operational capabilities and market position. The transactions are categorized as continuing connected transactions under the Listing Rules, subject to specific reporting and review requirements, but exempt from independent shareholders’ approval.
More about China Conch Venture Holdings
China Conch Venture Holdings Limited operates in the construction materials industry, focusing on the production and supply of cement and related products. The company is known for its involvement in environmental protection and new material sectors, catering primarily to the Asian market.
YTD Price Performance: 38.02%
Average Trading Volume: 7,924,558
Technical Sentiment Signal: Hold
Current Market Cap: HK$16.52B
See more data about 0586 stock on TipRanks’ Stock Analysis page.